The private equity fund CataCap is partnering with the online membership club Luxplus, which sells beauty, health and care products at discount prices in the Nordic countries and several other European countries. CataCap is the majority shareholder in the company, whose revenue has increased by around 30 per cent per year during the last five years and today has 130,000 members and expected revenue of DKK 275 million in 2020. The company's two founders will continue in the company and, together with CataCap, consolidate their strong market position in the Nordic region and further accelerate growth abroad.
The investor team behind the Danish nightlife group REKOM goes on the offensive as the promise of vaccines gives comfort in a 2021 rebound for the industry. Through a newly established company, REKOM’s shareholders acquire the majority of the UKs largest nightlife group Deltic. Going into 2020 Deltic was a successful and profitable group but following heavy restrictions over 2020 the group entered administration. A total of 42 bars and nightclubs will continue under the new company REKOM UK, which is expected to merge with REKOM Group, when restrictions on the nightlife industry are lifted.